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Technology Stocks : Rambus (RMBS) - Eagle or Penguin -- Ignore unavailable to you. Want to Upgrade?

To: jmac who wrote (27971)8/28/1999 3:35:00 PM
From: pompsander  Read Replies (1) | Respond to of 93625
 
jmac, I agree with you virtually all the way. My key point was that even if Rambus erupts through 115 I believe I will have a chance, maybe only one more good one, to buy it back below that. The history of the stock is such that I feel I will get that chance. I could be wrong, in which case the vast majority of my Rambus holdings will continue to grow and grow and I will probably take the proceeds from my little exercise and buy QCOM.

If these few contracts were my only Rambus holdings I would never do as I suggested for fear of getting totally left behind.

Just an idea for riding the wave and pocketing some gains in a specific market situation.



To: jmac who wrote (27971)8/29/1999 4:35:00 PM
From: Alan Hume  Read Replies (4) | Respond to of 93625
 
jmac,

the world of puts and calls is chinese to me. I am either long, short or on the side lines. I am long RMBS, am sold on the story, have got the tee shirt and hold 3000 shares. Tell me, what in your opinion is the best "INSURANCE" I can buy???

Alan


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